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Uploads economics 101

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In this talk, Robin Hanson of George Mason University and Research Associate at the Future of Humanity Institute of Oxford University, applies standard economic theory to a world of emulations/uploads. If these human consciousnesses instantiated on computer could exist, they would be easy to copy, backup and delete, resulting in a completely novel economic system. Robin Hanson explores the likely consequences of this system under assumptions of low/no regulations: huge economic growth, a lot of upload death, and the potential for uploads to use multiple copies of themselves to do work in utterly new ways.
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